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Unit 1605 at Polo Club 1 Condos

Sold

1055 Bay Street 1605, Toronto C01, ON M5S 3A3

MLS #C12017768

$820,000

Sold on May 29, 2025

May 29, 2025

Originally listed at $869,000 13 days on market

About This Property

Welcome to Suite 1605 at Polo Club One by Tridel, a fully renovated condo located in one of Toronto's most desirable neighbourhoods. Offering 1,105 sq. ft. of living space, this unit provides a perfect combination of comfort, style, and convenience. This updated suite features thoughtful renovations, including new flooring, modern lighting, and a refreshed kitchen and bathrooms, making it move-in ready. The open-concept layout includes floor-to-ceiling windows that fill the space with natural light and provide beautiful south west views of the city. The kitchen has been updated with stainless steel appliances, sleek quartz countertops, and ample cabinetry, offering functionality and a contemporary touch. The living and dining areas flow seamlessly, creating a welcoming space for entertaining or relaxing. The primary bedroom is spacious and comfortable, with plenty of room for your personal touch. The second bedroom offers flexibility, perfect for a home office, guest room, or nursery. Both renovated bathrooms are stylish and practical, featuring updated fixtures, a glass-enclosed shower, and a soaker tub. This unit includes one owned parking space and locker, adding extra convenience. Residents of Polo Club One benefit from amenities such as a 24-hour concierge, fitness centre, rooftop terrace, party room, indoor hot tub, and sauna. Situated steps from the TTC subway, University of Toronto, Yorkville, and Bloor Streets shops and restaurants, this condo offers an excellent location for those looking to enjoy the best of downtown living. Whether you're a professional, couple, or small family, Suite 1605 provides a comfortable and stylish space to call home. Don't miss out on this opportunity at Polo Club One by Tridel!

Investment Analysis

$4,433
Est. Monthly Rent
Based on $4/sqft
6.12%
Gross Yield
Before expenses
4.13%
Net Yield
After expenses
16.3
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1112/mo) and property tax ($3,984/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$790/sqft
Polo Club 1 Condos
$825/sqft-4.2%
Bay Street Corridor
$955/sqft-17.2%
Toronto C01
$883/sqft
Building PSF Range
$622$1,220

Fair Market Price

This unit is priced in line with the building average of $825/sqft. Expected net yield of 4.13% after maintenance and taxes.

Analysis based on 13 sales and 73 leases in this building. Unit size estimated at 1100 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

1000-1199 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeOther
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-737
MLS Size1000-1199
Listed OnMar 12, 2025
Maintenance Fees$1,112/month
Property Tax$3,984/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)5.8 x 4.4819.0 x 14.7-
Living Room(Flat)5.8 x 4.4819.0 x 14.7-
Dining Room(Flat)5.8 x 4.4819.0 x 14.7-
Dining Room(Flat)5.8 x 4.4819.0 x 14.7-
Kitchen(Flat)3.8 x 2.312.5 x 7.5-
Kitchen(Flat)3.8 x 2.312.5 x 7.5-
Primary Bedroom(Flat)4.25 x 3.813.9 x 12.5-
Primary Bedroom(Flat)4.25 x 3.813.9 x 12.5-
Bedroom 2(Flat)4.15 x 2.8513.6 x 9.4-
Bedroom 2(Flat)4.15 x 2.8513.6 x 9.4-

Room Dimensions Available

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Unit 1605 History

Complete transaction history for this unit

Terminated

Listed: Dec 15, 2024

$899,000

87 days on marketSale
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2 More Transactions Available

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Price History

Original List Price

$869,000

Listed on Mar 12, 2025

Sold Price

$820,000

Sold on May 29, 2025

-$49,000

-5.6%

13 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NamePolo Club 1 Condos
Address1055 Bay, Toronto C01
Parking TypeOther

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About Unit 1605 at Polo Club 1 Condos

Unit 1605 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 1000-1199 square feet located at Polo Club 1 Condos, 1055 Bay, Toronto C01. This unit is currently sold (sold for $820K).

About Polo Club 1 Condos

Polo Club 1 Condos is located at 1055 Bay, Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Bay Street Corridor Neighbourhood

This unit is located in Bay Street Corridor, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Polo Club 1 Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 1605 Polo Club 1 Condos Toronto C01

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